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What Happens If I dont Pay My Negative Balance on PayPal?!?!?!?!?

Discussion in 'BlackHat Lounge' started by muffln, Jul 27, 2014.

  1. muffln

    muffln Newbie

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    Hi, Last week a buyer filed a dispute on me for a pair of Jordans I sold him which he's claiming is 'not as described', which i know is bs. Now Im -407, but the dispute is still taking place, Paypal is deciding what they are going to do, but im 200% sure they will side with the buyer. Now I dont want to pay for this, but I have my moms credit card on it (I'm 14) and I have no way to pay for this money. I heard they send collections agencies to collect the money from you or do they automatically take the money out of your credit card? I have my legit: number,address(it is my secondary address on paypal),email, but no ss or bank account. My friend was in this same exact situation (sold pair of shoes, got a disputed filed on him). He also had a cc on his account and he said the most they can do is send mail to your house and call you, but idk. PLEASE HELP, i'm kinda stressed about this, is there anyway I can abandon this account and start a new one?
     
  2. DatMoney

    DatMoney Regular Member

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    They will hunt you down with tracking dogs, helicopters, GPS and cameras. Run Run RUn!

    j/k.

    nothing will happen.
     
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  3. proxygo

    proxygo Jr. VIP Jr. VIP Premium Member

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    you think its all over??? it is now
     
  4. muffln

    muffln Newbie

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    What do you mean? haha. are you saying im fucked or nothings gonna happen?
     
  5. Izzma

    Izzma Regular Member

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    The worse they can do is send collection agencies after you. I have yet to hear that Paypal can authorize taking funds from your CC for a negative balance, but I can't say one way or the other.

    I assume they will ban/flag the CC you have on profile or any other bank information you have (which you don't).

    I have learned from these past experiences to not withdraw funds from Paypal until 30-45 days have past. That way if this situation were to reoccur again, at least you have funds to cover the chargeback and not be charged penalties and interest on top of.

    I hope this gets resolved in your favour and wish you the best.
     
    Last edited: Jul 27, 2014
  6. muffln

    muffln Newbie

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    I heard that if they do that you can just tell them 'that person doesnt live here anymore or something like that and they'll stop. & for the CC situation, I've heard some people say it happened to them and some say they cant do it, or they wont, but idk what to believe
     
  7. binaryking

    binaryking Regular Member

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    Nothing gonna happened. I used to down -1k :)
     
  8. popcrdom29

    popcrdom29 Jr. VIP Jr. VIP Premium Member

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    Don't worry OP, they won't send anyone to your house. If they rule against you, they will try to reverse the charge from whichever bank account or credit card they have on file. If that fails, your account will be put on hold and won't be lifted until the debt is paid. You also won't be able to open another account with the same credentials.

    That's it, plain and simple. Now get a good nights sleep and hope PP rules in your favor.

    Edit: Forgot one thing, if a credit or debit card was used and PP rules against you and you really don't want to refund the money then you should cancel the card immediately. Otherwise they will make every attempt to reverse the transaction.
     
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    Last edited: Jul 27, 2014
  9. muffln

    muffln Newbie

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    How do I cancel it? Do you have to call them? and what questions would they ask you? or also, can I hide her card instead and she can call them saying she 'lost' it? lol JK
     
  10. popcrdom29

    popcrdom29 Jr. VIP Jr. VIP Premium Member

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    No way to hide the card, they already have it on file. The account holder of the card will have to call and cancel it. Yes, she can report it to her cc company as being lost and they will issue her another one. Normally doesn't take too long.
     
  11. JoeMongan

    JoeMongan Jr. VIP Jr. VIP Premium Member

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    Why do people insist on doing this "!?!?!?!?!" am I the only one who hates that? OP you will find a dozen
    threads just like this when you use the search function. ;)
     
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  12. muffln

    muffln Newbie

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    Sorry boss, but yeah, ive searched TONS of threads like this, some are in the same situation but some arent so i just wanted to get the answers directly from my problem, thanks again though
     
  13. howard_hughes

    howard_hughes Elite Member

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    If you do that, They just keep calm & call Agent 47
     
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  14. muffln

    muffln Newbie

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    wtf is Agent 47?
     
  15. JoeMongan

    JoeMongan Jr. VIP Jr. VIP Premium Member

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    Not an issue mate it just gets tiresome on Skype lol....Having problems with PayPal eh?
    Here is a step by step guide of what to do.

    1. They normally try to get money from the bank on file first. (So there's no risk for a charge-back from you)
    2. If they cannot get the money from the bank they attempt to get it from the card.

    Is it in your mothers name? I am guessing it is and that means she is going to kill you when she
    sees her bank or credit card statement. So here is what you do and yes you will need her help.

    1. PayPal will not allow you to remove a bank account or credit card after a short time once the account goes into the red.

    You can do two things really.

    A. Talk to the bank and tell them to put a stop payment on anything from PayPal. (Doesn't work that well)
    B. Change your bank card and bank account number. (Not that difficult)

    A and B will allow you to forgo the negative balance, but if you don't pay it one day odds are your account
    will permanently suspended. I advise that you work a little more and pay it for the long run. A lot better ways
    to make money than selling Jordans in the long run and you have your whole online business ahead of you. ;)

    So there ya go buddy. Kudos on starting early. Remember to listen more than speak. Learn and earn!

    Welcome to BHW! :cool:

    -RK
     
    Last edited: Jul 27, 2014
  16. redrubies

    redrubies Supreme Member

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    He comes to the house and roughs you up a bit. You know, like a bail bondsman. It's really not that bad.
     
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  17. JoeMongan

    JoeMongan Jr. VIP Jr. VIP Premium Member

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    Don't sugarcoat it RR....OP he comes to your house, breaks your legs, takes your money, and burns down the house.
    So yeah don't mess with agent 47.
     
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  18. superduper7

    superduper7 Regular Member

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    Police coming knocking at your door with bailiffs
     
  19. bluematter

    bluematter Jr. VIP Jr. VIP Premium Member

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    They will come to your house, chop your willy off and feed it to the starving dogs. Other than that you're safe, nothing to worry about.
     
  20. beazt

    beazt Power Member

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    Not only will they not send anyone to your place, paypal can't chargeback from your credit card or bank without your permission either.

    That would be like "rob peter to pay paul".

    The only thing they can do is keep sending you reminder emails, not allow you to remove the credit card and lastly automatically deduct the funds from your balance if anyone else happens to send you funds on the same account.

    In the meantime, what you can do is to give the best response possible to paypal - clarifying your situation and why they should rule in your favor. In you happen to have any sort of shipping proof, bill or receipt etc. then attach it along with your response.